Hong Kong stocks climb on financial opening, easing trade tensions

* HSI +1.0%, HSCE +1.1%, CSI300 +1.0%

* FTSE China A50 +0.9%

May 8 (Reuters) - Hong Kong stocks rose on Friday, in line with gains on the mainland, as investors cheered Beijing opening up its financial markets further to foreign investors and talks between U.S. and Chinese trade officials.

** The Hang Seng index closed up 249.54 points or 1.04% at 24,230.17. The Hang Seng China Enterprises index rose 1.07% to 9,868.34. For the week, HSI and HSCE both shed 1.7%.

** Adding to the upbeat mood, top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday, with China saying they agreed to improve the atmosphere for its implementation and the United States saying both sides expected obligations to be met.

** The Hang Seng index could remain rangebound around the 24,000-point level, given a lack of clear direction in the market due to concerns over the coronavirus outbreak, economic growth and tariffs, analysts at brokerage Guodu International noted in report.